BUSINESS ABROAD: Good Works & Profits

High in the Austrian Alps, melting snow cascades in a great torrent down the sides of the Reiffeck and Kreuzeck Mountains. Why not, thought the Austrian government, harness this energy for power? Austria could use it in its reconstruction, and the surplus could be sold to northern Italy's heavy industries. There was just one problem: Where would Austria get the money to build a hydroelectric plant? Last week Austrian Ambassador to the U.S. Karl Gruber went to the place that could help supply the funds. He marched into the office of Eugene...

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